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Established Restaurant Business Opportunity
For Sale
$119,900

81 N Morey Rd, Lake City, MI 49651

Profitable restaurant with high visibility location for sale.

Property SizeContact for details
Lot Size0.01 Acres
Days on Market155

Property Features for 81 N Morey Rd

General Information

Standard status Active
Lot size 0.01 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $818

Building Details

Year Built 1950
Listing Agency: Coldwell Banker Schmidt-Cadillac
Listed By: Jeffrey L Wagner · License #6501301902
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 11:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmidt-Cadillac

Investment Insights

Based on property information with market context.

This is an opportunity to acquire a building and business that has been locally owned and operated for over 20 years, originating as a small bakery in 1976 and evolving into Don's All American Pizza. The property is situated just north of the intersection of M-55 and M-66, offering a visible location. The sale includes a 2-door natural gas pizza oven, a newer pizza table, a 3-shelf convection oven, a commercial-grade mixer, two stand-up freezers, a pop cooler, and a 10x10 walk-in cooler. The property is suitable for continuing the current business operations or starting a new venture.

Key Highlights

  • High‑visibility location near the M‑55 and M‑66 intersection.
  • Established business with a 20+ year history.
  • Includes essential equipment: pizza oven, pizza table, convection oven, mixer, freezers, and walk‑in cooler.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49651, MI

7,881
Population
4,968
Households
1.6
Avg Household Size
46
Median Age
19%
College-Educated
92%
High-School Grad
235.5 sq mi
ZIP Area
33
Density / Sq Mi
$61,524
Median Household Income
$35,896
Median Earnings
$879
Median Rent
$165,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Profitable restaurant with high visibility location for sale.
Where is this conventional restaurant located?
The property is located at 81 N Morey Rd Lake City, MI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: High‑visibility location near the M‑55 and M‑66 intersection.; Established business with a 20+ year history.; Includes essential equipment: **pizza oven, pizza table, convection oven, mixer, freezers, and walk‑in cooler.**
More about this property
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